Monday, August 31, 2009 4:35:14 PM
MDOR Chart - Major breakout today - blew through the upper bollinger band on 2.3 mil volume with the RSI, MACD and Full Sto turning positive. This is based on news after the close Friday and over the weekend that the Colorado tire landfill acquisition was completed. I anticipate more news this week based on recent NRs regarding the company's patented process to be able to replace a significant percentage of virgin rubber wih recycled rubber for manufactured rubber products such as tires, etc. This will have major world wide implications in helping to save our virgin rubber forests, not to mention decreasing manufacturing costs.
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